MKS Instruments (MKSI) is Initiated by Pacific Crest to Overweight

MKS Instruments (MKSI) is Initiated by Pacific Crest to Overweight , according to the research report released to the investors. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.

MKS Instruments, Inc. is up 9.47% in the last 3-month period. Year-to-Date the stock performance stands at 0.24%.

MKS Instruments, Inc. (NASDAQ:MKSI) has lost 2.89% during the past week and dropped 3.95% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 2.08%. MKS Instruments, Inc. (NASDAQ:MKSI) has underperformed the index by 1.7% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Shares of MKS Instruments, Inc. (NASDAQ:MKSI) ended Thursday session in red amid volatile trading. The shares closed down 0.73 points or 1.99% at $36 with 134,914 shares getting traded. Post opening the session at $36.65, the shares hit an intraday low of $35.99 and an intraday high of $36.65 and the price vacillated in this range throughout the day. The company has a market cap of $1,917 million and the number of outstanding shares have been calculated to be 53,257,381 shares. The 52-week high of MKS Instruments, Inc. (NASDAQ:MKSI) is $39.65 and the 52-week low is $29.

Currently the company Insiders own 1.65% of MKS Instruments, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.51% . Institutional Investors own 99.26% of MKS Instruments, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -11.14%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Amon Cristina, director of Mks Instruments Inc, unloaded 1,500 shares at an average price of $36.09 on December 16, 2015. The total amount of the transaction was worth $54,135, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

MKS Instruments, Inc. (MKS) is a provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze parameters of manufacturing processes. It also provides services relating to the maintenance and repair of its products, software maintenance, installation services and training. The primary markets it serves are manufacturers of semiconductor capital equipment and semiconductor devices and for other thin film applications, including flat panel displays, solar cells, light emitting diodes (LEDs), data storage media and other advanced manufactured products. The Company groups its products into three product groups, based upon the similarity of the product function, type of product and manufacturing processes. The three groups of products are: Instruments and Control Systems, Power and Reactive Gas Products and Vacuum Products. In March 2013, it acquired Alter Power Systems S.r.l. In May 2014, the Company acquired Granville-Phillips.